CNC Machining is a process used in the manufacturing sector that involves the use of computers to control machine tools. Tools that can be controlled in this manner include lathes, mills, routers and grinders, and so on.
In the year from 2009-2010, with the economic recovery from global financial crisis, the CNC machine industry have an explosive growth both in the production and consumption field. In the next years, with the stable economic growth, this industry maintains developing stably.
Global market shows a high concentration in the production of CNC machine by countries, especially in the high-performance field. The core technology of high-performance is hold in several developed countries like Germany, Japan, US and so on. The emerging countries play an important role in the manufacturing of the low-end product series.
As a growing industry, investors are optimism on this industry. In the future, more and more investors will enter into this industry. For the existing companies, to invest much more on R&D and keep continuous innovation to enhance competitiveness is the development trend.
The CNC Machine (CNC Machine Tools) market was valued at 32200 Million US$ in 2017 and is projected to reach 28800 Million US$ by 2025, at a CAGR of -1.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for CNC Machine (CNC Machine Tools).

This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of CNC Machine (CNC Machine Tools) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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